U.S. Capital Wealth Advisors LLC Has $295,000 Stake in Chipotle Mexican Grill, Inc. (NYSE:CMG)

U.S. Capital Wealth Advisors LLC boosted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5,946.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,716 shares of the restaurant operator’s stock after acquiring an additional 4,638 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Chipotle Mexican Grill were worth $295,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CMG. Norges Bank bought a new stake in Chipotle Mexican Grill in the fourth quarter valued at about $805,529,000. DNB Asset Management AS increased its stake in Chipotle Mexican Grill by 5,378.1% in the second quarter. DNB Asset Management AS now owns 222,685 shares of the restaurant operator’s stock valued at $13,951,000 after acquiring an additional 218,620 shares during the period. Appleton Partners Inc. MA increased its stake in Chipotle Mexican Grill by 4,779.9% in the second quarter. Appleton Partners Inc. MA now owns 210,225 shares of the restaurant operator’s stock valued at $13,171,000 after acquiring an additional 205,917 shares during the period. Contravisory Investment Management Inc. increased its stake in Chipotle Mexican Grill by 4,594.9% in the second quarter. Contravisory Investment Management Inc. now owns 181,692 shares of the restaurant operator’s stock valued at $11,383,000 after acquiring an additional 177,822 shares during the period. Finally, Gulf International Bank UK Ltd increased its stake in Chipotle Mexican Grill by 4,891.2% in the second quarter. Gulf International Bank UK Ltd now owns 113,850 shares of the restaurant operator’s stock valued at $7,132,000 after acquiring an additional 111,569 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Analyst Upgrades and Downgrades

CMG has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Chipotle Mexican Grill from $72.00 to $67.00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Raymond James decreased their price target on shares of Chipotle Mexican Grill from $70.00 to $62.50 and set an “outperform” rating on the stock in a research note on Thursday, July 25th. Barclays decreased their price target on shares of Chipotle Mexican Grill from $58.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 25th. Oppenheimer decreased their price target on shares of Chipotle Mexican Grill from $70.00 to $65.00 and set an “outperform” rating on the stock in a research note on Thursday, July 25th. Finally, Morgan Stanley increased their price target on shares of Chipotle Mexican Grill from $59.72 to $62.00 and gave the company an “equal weight” rating in a research note on Thursday, April 25th. Eleven investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.88.

Chipotle Mexican Grill Trading Up 2.3 %

Shares of CMG traded up $1.23 during midday trading on Friday, reaching $55.55. The stock had a trading volume of 11,569,747 shares, compared to its average volume of 14,392,227. The firm has a 50 day simple moving average of $123.48 and a 200-day simple moving average of $80.05. Chipotle Mexican Grill, Inc. has a one year low of $35.37 and a one year high of $69.26. The firm has a market cap of $76.29 billion, a PE ratio of 59.10, a P/E/G ratio of 2.23 and a beta of 1.24.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. Chipotle Mexican Grill’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same quarter last year, the company posted $12.65 EPS. As a group, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.09 EPS for the current fiscal year.

Insiders Place Their Bets

In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 17,394 shares of Chipotle Mexican Grill stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total value of $951,103.92. Following the completion of the sale, the insider now owns 358,300 shares in the company, valued at approximately $19,591,844. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.